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Pune is the eight largest metropolis in India and the second largest in the state of Maharashtra. It was known as Punyanagari in old time
As one of the largest cities in India, and as a result of its many colleges and universities,
Pune is emerging as a prominent location for IT and manufacturing companies to expand.
Pune has the seventh largest metropolitan economy and the sixth highest per capita income in the country.The Meetings, Incentives, Conferencing, Exhibitions trade is expected to get a boost once the Pune International Exhibition and Convention Centre (PIECC) completes in 2017. The 97-hectare PIECC will boast a seating capacity of 20,000, with a floor area of 13,000m2. It will have seven exhibition centres, a convention centre, a golf course, a five-star hotel, a business complex, shopping malls and residences.
The US$115 million project is developed by the Pimpri-Chinchwad New Town Development Authority.
The Hinjawadi IT Park (officially called the Rajeev Gandhi IT Park) is a project being started by MIDC to house the IT sector in Pune. When completed, the Hinjawadi IT Park is expected to have an area of about 2,800 acres (11 km2). The estimated investment in the project is INR600 billion (US$9.7 billion).To facilitate economic growth, the government made liberal incentives in its IT and ITES Policy, 2003 and leased properties on MIDC land.The IT sector employs more than 70,000 people. Software giant Microsoft intends to set up a INR7 billion (US$110 million) project in Hinjewadi.
Pune Food.As the agro-pharmaceutical business has dwindled in recent decades, immigration from erstwhile tribal peoples now accounts for seventy percent of population growth and education syllabi have not adjusted in accordance with other industrialised regions